Twin Eagle Sand Logistics Expands Big Spring Terminal

May 24, 2017 09:00 AM Eastern Daylight Time

HOUSTON--(BUSINESS WIRE)--Twin Eagle Sand Logistics, LLC (“Twin Eagle”), a subsidiary of Twin
Eagle Resource Management, LLC, announced today that it is further
expanding the Permian Rail Park to meet the strong demand of the Midland
Basin. Phase I of the unit train capable rail park was completed in
February of 2016 and comprised 33,000 feet of rail track for
rail-to-truck frac sand trans-loading services. Phase II of the park
includes 15,000 tons of flat storage, 7,800 feet of additional rail
track and a 50% expansion of the transload road. Phase III will include
the development of the rail park’s 150-acre Lot 2 parcel. The new
development of Lot 2 will feature 30,000 tons of rail accessible
vertical silo storage. Phase III of the park will break ground next
month and will be completed by the first quarter of 2018.

The Permian Rail Park is located on the Union Pacific Railway
approximately eight miles west of the city of Big Spring. The 530-acre
rail park is Twin Eagle’s fifth terminal development and is one of the
largest sand terminals in the country by acreage. Twin Eagle also
manages two other frac sand terminals in the Permian Basin for third
party customers.

“The Permian Basin is the strongest frac sand demand center in the
country employing almost 50% of the active rigs in the United States,”
said Griff Jones, Twin Eagle’s Chief Executive Officer. “The first
quarter of 2017 has been an exciting time of growth for the Permian Rail
Park and our terminal network, we envision the park growing to
eventually include a thousand or more rail car spots with greater than
100,000 tons of storage.”

Twin Eagle Sand Logistics, LLC is one of the largest third-party frac
sand terminal developers and operators in the country. Twin Eagle Sand
Logistics terminals are strategically located in the most prolific oil
and gas basins. In addition to the Permian Rail Park, other Twin Eagle
locations include: the Mission Rail Park in the central Eagle Ford, the
Laredo Terminal located in the South Eagle Ford, the Evans Terminal
located centrally to serve the DJ Basin, and the Powder River Basin
Terminal in Douglas, Wyoming. Twin Eagle’s current terminals, combined,
control over 1,500 rail car spaces with nearly 65,000 tons of storage
capacity.

About Twin Eagle Resource Management, LLC

Headquartered in Houston, Texas, Twin Eagle provides midstream energy
and wholesale energy services focused on creating value for our
customers throughout North America. Twin Eagle was founded in 2010 and
has since grown to more than 400 energy professionals under the Twin
Eagle name, all committed to serving clients with a customer-driven
focus and cross-commodity approach. Through its Wholesale business unit,
Twin Eagle is a leader in the wholesale marketing of energy-related
commodities including natural gas, power, and environmental products and
services. Through its Midstream business unit, named Twin Eagle
Midstream, Twin Eagle owns and operates crude oil and frac sand
logistical assets and provides related marketing of crude oil and
natural gas liquids. For more information, visit twineagle.com.